Will Kiwi rise? Forecast as of 30.01.2024

The New Zealand dollar's poor start to the year is due to a reassessment of market expectations for the Fed rate and disappointment in the Chinese economy. However, at the end of January, a lot can change. Let’s discuss this topic and make up a trading plan for NZDUSD.

Weekly New Zealand dollar fundamental forecast

While the American economy continues to surprise investors with its resilience to the Fed's most aggressive monetary restriction in decades, New Zealand's GDP is moving according to plan. It decreased by 0.3% QoQ and 0.6% YoY. Both the Fed and RBNZ have raised rates by 525 bps… Read full author’s opinion and review in blog of #LiteFinance